1 Central Park W #1020, New York, NY 10023

Description

2020 UPDATE! Hotel management just announced 2019 revenues as being the highest in its 23 years operation.

LOWEST PRICED IN THE BUILDING! One Bedroom Condo-Hotel Suite. Amazing investment and pied-a-terre. Luxury Hotel Service, SPA, Health and Fitness Center, Full size Pool, Garage, Jean Georges Restaurant, room service and many other 5 Star hotel amenities, amenities, services and super trained personnel, which have proven to satisfy even the fussiest and the most discerning clientele in the world of business, movie making, sport stars, finance, etc... No joke!
The apartment, as well as its outer hallways, was just renovated recently. Fully appointed kitchen with Stainless Steel appliances. Marble Bath. Master bedroom and living room with enchanting views over Broadway. Great light from floor to ceiling windows.
This unit is rented as one of the hotel suites when is not used by the owner. I challenge you to find a better deal in the building...recently re-priced at only $850K, this is currently the lowest priced 1 bedroom unit in this tower...and also, I challenge you to find a better deal in the whole city...as this unit, unlike others, answers with flying colors both the 2 most fundamental rules of property investing:
1) LOCATION, LOCATION,LOCATION: corner of Central Park West and Central Park South, where investors and condo developers next door have achieved the highest prices per square foot ever in the history of New York City.
2) BUY LOW, SELL HIGH! In the last 10 years, the 6 recorded sales of the "20" floor plan lines of apartment, all identical in size (661 square feet) and exposure (West), from the 4th floor to the 12th floor, have sold for an average of $1,225,417. (ask for list).
Hurry now to get your 10th floor unit with a Central Park address for only $850,000. This low price opportunity may never return ever again.

Please note, pictures are of similar unit on a different floor.